It appears the Nevada Development Authority's timing couldn't have been better Friday in launching a recruiting drive targeting Chicago-area businesses.
CEO says the 59-year-old property is no longer 'economically viable'
Friday, March 11, 2011
The owner of the Sahara hotel-casino on the Las Vegas Strip on Friday announced plans to close the property on May 16. "The continued operation of the aging Sahara was no longer economically viable," said a statement from Sam Nazarian, CEO of SBE Entertainment Group.
Las Vegas copyright enforcement company Righthaven LLC is complaining that one of its litigation foes is needlessly running up legal costs that Righthaven may end up paying for.
Lenders owed nearly $513 million have completed their takeover of the Town Square mall and office complex, despite a last-minute legal effort by the developer to block the foreclosure auction.
Attorneys for Las Vegas Sands Corp. don't want any television cameras in the courtroom next week during a hearing on a lawsuit filed against the casino operator by fired Macau executive Steven Jacobs.
Four more website operators have filed court papers denying copyright infringement allegations leveled against them by Righthaven LLC over material allegedly reposted online from the Las Vegas Review-Journal and the Denver Post.
New evidence surfaced Friday in the Righthaven LLC lawsuits that attorneys say could undermine Righthaven’s entire copyright infringement lawsuit campaign over Las Vegas Review-Journal stories.
Indian gaming executive R. Shawn Ellis of Las Vegas and one of his companies filed for Chapter 7 bankruptcy liquidation Thursday. The bankruptcies are related to abandoned plans for a gambling resort on the Strip and litigation between Ellis and the Elk Valley Rancheria.
Casino supplier Bally Technologies Inc. of Las Vegas today said it's buying Las Vegas-based Sightline Payments, a provider of casino ATM machines and payment products.
A South Carolina blogger sued by Las Vegas copyright enforcer Righthaven LLC says Righthaven has been spreading lies and misinformation about her and other defendants in Righthaven's 239 lawsuits.
Three years after they were indicted in what prosecutors called a massive Las Vegas real estate scam, a May trial has been set for Steven W. Grimm, Eve E. Mazzarella and a codefendant.
For the third consecutive year, Wynn Resorts Ltd. of Las Vegas is the most admired casino operator as ranked by Fortune magazine. Fortune's annual list, based on surveys of industry participants and analysts, was released Thursday and it puts Wynn at No. 4 in the category of hotels, casinos and resorts.
A small downtown Las Vegas motel filed for bankruptcy protection Wednesday after it was sued by its mortgage holder. The filing was made by Crest Budget Inn LLC, which does business as the Beverly Palms Hotel at 218 S. 6th Street.
Morgans Hotel Group Co. of New York, former manager of -- and investor in -- the Hard Rock Hotel in Las Vegas, is closing the books on its disastrous experience with the property.
A federal judge in Denver wasted no time Tuesday in granting Righthaven LLC copyright infringement lawsuit defendant Brian D. Hill an extra 20 days to beef up his answer to Righthaven's lawsuit.
A Las Vegas company that owns slot machine patents filed for bankruptcy Monday after accumulating millions of dollars in losses and engaging in litigation with shareholders and others.
Las Vegas Sands Corp. stock was down 4 percent this morning after the company disclosed it's being investigated for its compliance with the Foreign Corrupt Practices Act.
With unemployment in the Las Vegas area running at 14.9 percent, Boyd Gaming Corp. today reported revenue and profitability declines for its Las Vegas locals' hotel-casinos during the fourth quarter of 2010.
Las Vegas copyright enforcement company Righthaven LLC said Monday it's been in "substantive confidential settlement negotiations" with the attorney for North Carolina lawsuit defendant Brian D. Hill.
One of the Righthaven LLC copyright infringement lawsuits over the Denver Post "TSA enhanced pat-down" photo has turned into a public relations debacle for Las Vegas-based Righthaven.
A South Carolina woman sued by Las Vegas copyright enforcer Righthaven LLC escalated her counter-attack on Sunday, arguing Righthaven should refund hundreds of thousands of dollars it has obtained in dozens of lawsuit settlements worldwide since May.
A group of South Carolina attorneys is putting up the stiffest resistance yet to a Righthaven LLC copyright infringement lawsuit, threatening Friday to press for sanctions against Las Vegas-based Righthaven and to hit it with a malicious prosecution claim.
Details surfaced Friday on the dispute between the Mirage hotel-casino on the Las Vegas Strip and the bankrupt B.B. King's Blues Club at the casino. B.B. King's Las Vegas club and restaurant filed for bankruptcy reorganization last week in Memphis. The club remains open. The bankruptcy filing at the time listed a disputed debt of $585,000 to the Mirage. The nature of at least part of that dispute, from the point of view of B.B. King's, became apparent Friday when B.B. King's filed a complaint against the Mirage in the bankruptcy case claiming the Mirage has failed to justify invoices to the club for support services.
Media giant Citadel Broadcasting Co. was hit with a copyright infringement lawsuit Thursday after one of its radio station websites conducted a caption contest for a Denver Post "TSA enhanced pat-down" photo.
The gaming industry recovery on the Las Vegas Strip will continue this year and accelerate in 2012, Moody's Investors Service predicted in a market update Thursday. And the same factors that have hurt the Strip during the recession will persist to some degree this year, Moody's said.
The owner of Las Vegas discount show ticket seller Tix4Tonight is buying the assets of competitor VegasTix4Less and the companies have settled lawsuits filed against each other.
A national bloggers’ group intervened in the Righthaven LLC newspaper copyright infringement lawsuit campaign Wednesday, urging a federal judge not to reward Righthaven for what the bloggers call its “get-rich-quick scheme.”
Las Vegas copyright enforcement company Righthaven LLC and its co-owner, Net Sortie Systems LLC, are no longer listed as in "default" by the Nevada Secretary of State business licensing system. They're now "active" after their renewal information was submitted and then posted by the Secretary of State's office on Tuesday.
Net revenue tumbled at the Las Vegas Tropicana in 2010 because renovations required temporary closures of hotel rooms, restaurants and parts of the casino floor, the company reported.
Warner Gaming LLC of Las Vegas would take over casino operations at the Hard Rock Hotel in Las Vegas under a plan to be considered by Nevada gaming regulators Thursday.
Las Vegas-area home prices fell again in December to levels last seen in 1999, according to the widely-watched Standard & Poor's/Case-Shiller Home Price Indices. Data show Las Vegas home prices had fallen 58 percent since their peak.
Las Vegas copyright enforcement company Righthaven LLC is promoting itself with a newly-active website, righthaven.com. On its website, Righthaven calls itself "the nation's pre-eminent copyright enforcer." Competitors like Attributor Corp. and the US Copyright Group may beg to differ ...
A day after winning Louisiana’s coveted 15th and final casino license, Las Vegas gaming executive Dan Lee said Friday he’s moving forward with plans to finance and design the $400 million Mojito Pointe casino resort there.
Add B.B. King's Blues Club to the list of bankrupt Las Vegas restaurants and nightclubs. The owner of the restaurant and live music club at the Mirage hotel-casino filed for Chapter 11 reorganization in Memphis on Wednesday in a bid to restructure $3.764 million in debt and other liabilities.
2 Las Vegas dealerships among 64 seeking at least $130 million in damages
Friday, Feb. 18, 2011
A group of car dealers, including two in Las Vegas, who lost their businesses in Chrysler’s 2009 bankruptcy sued the federal government in Washington, D.C., on Thursday in hopes of recovering at least $130 million in damages.
A Las Vegas company said Thursday it will contest a California Indian tribe’s lawsuit seeking to cancel a hotel-casino development deal. The Big Sandy Rancheria of Mono Wind Indians filed suit Feb. 3 in federal court in Fresno, seeking an order invalidating the tribe’s 2007 development deal and credit agreement with Brownstone LLC.
Matt Drudge of the Drudge Report will likely keep his valuable website domain name after settling a newspaper copyright infringement lawsuit filed by Righthaven LLC of Las Vegas.
Bankrupt investment bank Lehman Brothers Holdings Inc. won't be standing in the way of the planned foreclosure of the big Town Square mall and office complex in Las Vegas.